48 Seth SqPlattsburghNY12901
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Plattsburgh at 48 Seth Sq, Plattsburgh, NY, 12901 at $129,900 posts ROI 23.07% with $113/mo cash flow from $981/mo rent. Total monthly income equals $981/mo, and annual cash flow records $1,360/yr on $43,062 to close. Return on cash invested measures 23.07% and rental yield reads 9.06% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 120.51% and total cumulative return in cash totals $51,895.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $981/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12901, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,633 (100%) |
| Owner Occupied HU | 7,410 (47.4%) |
| Renter Occupied HU | 6,668 (42.7%) |
| Vacant Housing Units | 1,555 ( 9.9%) |
| Median Home Value | $223,057 |
| Average Home Value | $266,878 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,116
Multi-Family
1,160
Businesses
1,684
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Listed by: Tammy Perrotte Sears • RE/MAX North Country
Mls Name: ACVMLS
Mls ID: #205291